[Ayna-Baghdad]The Central Bank of Iraq that it does not deal with the currency Bitkin [Bitcoin], "warning that" dealers will be subject to the tightening of the law on money laundering. ""The Bitcoin coin is a virtual electronic currency that trades online only without a physical presence and is used for online purchases and supports the paymentof the use of debit cards," said Isser Jabbar, head of the bank's information office. Turning to traditional currencies at times. "Jabbar stressed that "this currency involves several risks that may result from circulation, especially with regard to electronic piracy and fraud, although there is no vogue within Iraq, so this bank confirms the need not to use and subject dealers to the provisions of the Money Laundering Law No. 39 of 2015 and laws Relationship in this regard ".It is a currency and a global payment system that can be compared to other currencies such as the dollar or the euro, but with several fundamental differences, most notably that the currency is a fully electronic currency that trades online only without a physical presence, the first digital currency decentralized - A system that operates without a central warehouse or a single manager, that is, it differs from traditional currencies with no centralized regulatory body behind it.